SA’s GDP expands by 0.5% and Why young South Africans are ditching medical aid
About this episode
The episode discusses South Africa's 0.5% GDP growth and the challenges facing the medical aid industry due to declining younger members.
Stephen Grootes speaks to Thanda Sithole, FNB & WesBank Senior Economist, about South Africa’s modest 0.5% GDP growth in the first quarter, unpacking the resilience in finance and agriculture, the drag from manufacturing and declining fixed investment, and what the mixed signals in consumer spending, exports, and inventories mean for the country’s economic outlook. In other interviews, Luyanda Njilo, Senior Equity research analyst for healthcare at Nedbank Corporate and Investment Banking talks about a growing challenge facing South Africa’s medical aid industry: the decline in younger members. Medical schemes rely on younger, healthier members to help subsidise the healthcare costs of older beneficiaries, but that balance is increasingly under strain as fewer young adults join or remain on medical aid. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and…
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